BLOCKCHAIN - MINER - IRREVERSIBLE - TESTNET -

realskilled (47)in #blockchain • 6 years ago


BLOCKCHAIN	the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. ^{Source + Source}
MINER	used by developers, it's a test blockchain to prevent expending assets on the main chain.^{Source + Source}
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}
TESTNET	a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. ^{Source + Source}


BLOCKCHAIN	the blockchain serves as a historical record of all transactions that ever occurred, from the genesis block to the latest block, hence the name blockchain. a blockchain is a shared ledger where transactions are permanently recorded by appending blocks. ^{Source + Source}
MINER	a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. ^{Source + Source}
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}
TESTNET	used by developers, it's a test blockchain to prevent expending assets on the main chain.^{Source + Source}

Cryptocurrency News - Top Stories !

Canadian Peer-to-Peer Trading Explodes Due to Bank Restrictions on Crypto Purchases - CryptoSlate

CryptoSlate: Following the trend of international banking institutions in limiting their ... interaction with cryptocurrency associated accounts, Bank of Montreal, one of ... “Big Five,” has taken a conservative stance on the new crypto economy. Last ...

Some Top Crypto Investors Are Now Telling Entrepreneurs Not To ICO - Forbes

Forbes: The vast majority of projects ... seeing ... need to be an ICO at all,” says one investor. "We are actively steering people away from ICOs," said another.

Sell all crypto and abandon all blockchain - Financial Times

Financial Times: Then came the key development, a rush of initial coin offerings known as ICOs, which further inflated the crypto-currency and blockchain bubbles. In an ICO, tokens connected to a technology project are sold online, typically in exchange for Bitcoin or ...

Chip Makers Are Better off Without Crypto Miners - Wall Street Journal

Wall Street Journal: Most analysts believe the impact of crypto to be much smaller for Nvidia, amounting to single-digit percent of revenue for the ... fiscal first quarter ending later this month. The company also has a much more robust data center business that is ...

CRYPTO INSIDER: Ripple is on a tear - Business Insider

Business Insider: Welcome to Crypto Insider, Business ... roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. ... XRP cryptocurrency is up another 9% Friday, the day after ...

A Crypto Primer: Currencies, Commodities, Tokens - Investopedia (blog)

Investopedia (blog): Merkle tree or hash rate, anyone? The world of cryptocurrencies is awash with technical jargon. As a result, several words are often used interchangeably without much thought to their meaning. This can become problematic for investors interested in ...

Crypto Market Opens to 1.6 Billion Muslims as Bitcoin is Declared Halal - CryptoSlate

CryptoSlate: While the assumption is purely speculative, many believe the price surge was largely due to the crypto market finally opening to 23% of the ... population. The assumption is more than reasonable, especially considering ... price is often ...

Latest posts from our Team !

^{^{^{[ Note for @steemcleaners / @cheetah ] The agreement of our Team: The following authors decided to create a Team in order to collaborate and share formats, content, and profits. Any copy of content between this Team does not constitute a plagiarism: @matthew.davis @rssniper @rspower @megan.brown @ali.wood @realskilled @rstracer}}}